What's going on? The short answer is that companies are not spending as much...they have record earnings, but they are holding on to a lot of the money.
http://www.cnbc.com/id/100911328
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L’Occitane owner offers to take skincare group private at €6.5bn valuation
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Billionaire Reinold Geiger’s deal would result in the company delisting
from the Hong Kong stock exchange
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